The New York State Senate and Assembly, too often a model of corruption
and dysfunctionality, rose above petty politics last week to pass
forward-thinking legislation on climate and energy, setting a precedent
for bipartisanship and a sensible cap and trade system. The State
Senate passed the groundbreaking Green Job/Green New York Act,
with strong support from Republicans, Democrats, and the Working
Families Party, which spearheaded the legislation. The bill—expected
to be signed into law this week by Gov. David Patterson—leverages $112m
in revenue from the Northeasts’s Regional Greenhouse Gas Initiative (RGGI) into $5 billion of private investment to finance home weatherization, energy efficiency projects, and green jobs creation.
We should all be paying closer attention for three reasons:
1) It is one of the first large-scale pieces of legislation that
concreteley demonstrates why green jobs are a win-win-win. Homeowners
win by reducing their energy costs. The private sector wins by gaining
a safer investment with strong expected returns. And New Yorkers benefit through the creation of 16,000 new
jobs and the increased economic activity and tax receipts the program
will generate. It’s a blueprint that can work in other states and regions
as well.
2) It’s also a model for sensible national climate and energy policy.
While the version of the American Clean Energy & Securities Act
that passed in the House gives away a substantial portion of the
pollution allowances to utilities, the RGGI program in the Northeast
auctions off the credits creating the $112 million in revenue, which
the state is leveraging 50x to create new jobs and save homeowners on
their heating and electricity bills.
3) Finally, the Green Job/Green New York Act highlights the power of
bipartisan efforts to achieve common sense solutions. Republican
support is what made the bill possible. Rather than fight any effort
for sensible policy like the national Republican leadership, local
leaders have proven to be in touch with the concerns of their
constituents, helping to pass the bill 52-8 in the Senate and 147-0 in
the Assembly. But putting politics aside and the needs of New Yorkers
first, they showed the way for national cooperation on this issue.
To learn more about the bill and its passage, check out David Sasson’s piece on SolveClimate.org.
A big breakthrough on green jobs 8
Billy Parish is co-founder and coordinator of the Energy Action Coalition. Billy has taken four years off from Yale, where he was co-chair of the Yale Student Environmental Coalition and was majoring in Ethics, Politics & Economics. Billy was a 2004 Brower Youth Award Winner, 2005 Rolling Stone “Climate Hero,” Mother Jones magazine’s 2006 “Student Activist of the Year,” and was recently named a fellow by Ashoka, the global association of the world’s leading social entrepreneurs. A co-author of the report “New Energy for Campuses,” a guide for colleges and universities on how to cost-effectively cut their greenhouse gas emissions, Billy works to train students and equip them with the tools they need to implement local climate solutions. A native of New York City, Billy now works out of the Washington D.C. office of the Energy Action Coalition.
Related Stories
Add a Comment
You are not logged in. Thus, you cannot post a comment. If you have an account, log in. If you don't have an account, well, by all means go make one! Meet you back here in five.
Comments
View as Flat
Wordy Allen Posted 6:53 pm
14 Sep 2009
Permalink
skitters Posted 7:27 am
15 Sep 2009
Permalink
skitters Posted 7:28 am
15 Sep 2009
Permalink
vbstenswick Posted 11:08 pm
15 Sep 2009
Permalink
Tasermons Partner Posted 10:18 am
16 Sep 2009
Permalink
vbstenswick Posted 6:55 pm
16 Sep 2009
Permalink
vbstenswick Posted 3:15 am
17 Sep 2009
Permalink
mshak Posted 11:07 am
16 Sep 2009
Permalink